After yet another successful acquisition and integration, FTR is so large now, and with diverse revenue streams that it would be a tough case to make a short argument against them.
Hmmm....looks like a great opportunity for FTR to pick up a lot of new business from under served VZ customers.
292 Union Pacific engines idled in Arizona Desert
Total US rail traffic in April plunged 11.8% from a year ago, the Association of American Railroads reported today. Carloads of bulk commodities such as coal, oil, grains, and chemicals plummeted 16.1% to 944,339 units.
The coal industry is in a horrible condition and cannot compete with US natural gas at current prices. Coal-fired power plants are being retired. Demand for steam coal is plunging. Major US coal miners – even the largest one – are now bankrupt. So in April, carloads of coal plummeted 40% from the already beaten-down levels a year ago. The AAR reports.
First Sports Authority, and now this.
Sorry to report to the bashers, but all of Frontier's customer call centers are U.S. based.
Any investor with basic knowledge would know this.
Move along now little doggie.
Freeport-McMoRan to cut 25% of oil and gas workforce
Caterpillar says it has laid off 5,300 workers between last September through March 30. With Thursday’s announcement, Caterpillar is closing or consolidating 20 facilities
Chevron to Cut 1,000 More Jobs
Forever 21, a global chain of 700 stores, is having trouble paying its bills
One Of The Largest U.S. Pension Funds Set To Cut Retiree Benefits. Central States Pension Fund, which handles retirement benefits for current and former Teamster union truck drivers across various states including Texas, Michigan, Wisconsin, Missouri, New York, and Minnesota, and is one of the largest pension funds in the nation, has filed an application to cut participant benefits, which would be effective July 1 2016, as it "projects" it will become officially insolvent by 2025. In 2015, the fund returned -0.81%, underperforming the 0.37% return of its benchmark.
Tough to get actual numbers as VZ is so big they break out complaints into FIOS, Wireless, and wirelins service.
But VZ has closed almost 10,000 complaints out in the last three years according to BBB website. No telling how many current complaints they are fielding?
I work in E-commerce and can vouch for this. Rise in minimum wage hastening retail layoffs too
33 stores in the southwest, and Sports Authority declared BK.
Funny thing is the last dividend change at FTR was to raise it.
A fact you conviently leave out.